Of course I'm 'negative' in the short-term, who wouldn't be given what is going on, or not going on as the case may be. Long-term, there is still the possibility of good things happening, though the future is definitely not as bright as most thought, including me, earlier this year. Can MLXO still be wildly successful? Of course, but that is very doubtful unless things at the mgt. level change drastically.
I noted that rumors or manipulation could cause a run (a 'momo-run'), so there's no disagreement there. I don't see a run caused by shorts covering as the volume doesn't seem to be there. Also, just did a very quick check of the RegSho short list and didn't see anything.
Why in heck would I sell at these prices? Are people only supposed to post drivel or tout the company line (of course, in this case, there is no 'company line' as the company has gone incommunicado)? What is wrong with trying to be objective? So, please don't shoot the messenger, aim your fire towards NJ... I hope you make a ton of money off of your investment/gamble on MLXO. I hope to do the same, but I'm surely not spending any of it until it's safely in my account after having sold it...which I've always thought was a couple of years away, if ever.
